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Is Oakdale, TN 37829 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Oakdale is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$211▲ +38.9% vs. last year

The Oakdale housing market right now

In the three months ending August 31, 2026, 100% of homes in Oakdale, TN 37829 sold above their list price, the typical home went under contract in 40 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (50 days then) and the median sale price rose 158% to $531,770. Overall, Oakdale is more competitive than a year ago, so tougher for buyers.

Within Morgan County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Sunbright 37872 (0% sold over asking) or Lancing 37770 (0% sold over asking).

Run the numbers for 37829

Prefilled for 37829Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37829Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Deer Lodge 37726Balanced $197 /sq ftLancing 37770Seller’s market $214 /sq ftOliver Springs 37840Balanced $181 /sq ftSunbright 37872Seller’s market $159 /sq ft Browse all markets →

Towns like Oakdale nearby

Find towns like Oakdale in other states →
Deer Lodge, TN37726 · 20 miles away74% similaryounger residents Philadelphia, TN37846 · 24 miles away66% similarpricier homes ($44K more) · larger Sunbright, TN37872 · 19 miles away55% similarlower income ($32K less) · older residents Lancing, TN37770 · 12 miles away54% similarlower income ($43K less) · cheaper homes ($30K less)

Where Oakdale is

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Questions about Oakdale real estate

Is Oakdale a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in Oakdale, TN 37829 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Oakdale?

The typical home went under contract in 40 days in the latest three months.

Do homes in Oakdale sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Oakdale?

About 0.52% of a home’s value a year in Morgan County, or roughly $2,080 on a $400,000 home.

What is the median home price in Oakdale?

The median sale price was $531,770 in the three months ending August 31, 2026, about $211 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology